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Actuarial Pricing Specialist

Centurion
Salary: R62 500.00 - R70 833.00 Per Month
Job Type: Permanent
Sectors: Business Management Finance
Reference: NFP015264/MOL

Apply before Dec 11 2024 | 22 Days left

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Vacancy Details

Employer: Network Recruitment

This company offers innovative solutions to help businesses and individuals optimize operations, boost productivity, and stay competitive in a fast-changing market.

The Actuarial Pricing Specialist is responsible for developing and maintaining pricing models, evaluating risks, and ensuring pricing strategies align with the company's financial goals. This role involves establishing competitive and profitable pricing for insurance products, managing risk, and ensuring compliance with regulatory requirements.

Duties:

Develop & Maintain Pricing Models: Create and update pricing models for insurance products based on data analysis.
Evaluate Risk & Profitability: Assess risks and profitability for new and existing products.
Collaborate with Teams: Work with underwriting, product development, and sales to align pricing with business goals.
Ensure Regulatory Compliance: Ensure pricing follows industry regulations and company policies.
Report & Document: Prepare reports on pricing assumptions, methodologies, and portfolio performance.
Validate Models: Regularly test pricing models to ensure accuracy and relevance.
Improve Processes: Continuously improve pricing practices, tools, and technology.

Educational Qualifications:

Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Economics, or related field.
Progress towards actuarial exams (e.g., ASA, ACAS) preferred.

Experience:

Minimum 3 years of experience in actuarial pricing or a related role, preferably in insurance (life, health, property & casualty).
Familiarity with pricing models and actuarial software (e.g., Excel, R, Python, SAS, Prophet).

If you are interested in this opportunity, please apply directly. For more finance jobs, please visit www.networkrecruitmentinternational.com

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

For more information contact:
momolefe@networkfinance.co.za
Mogale Molefe
Recruitment Consultant

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About Network Recruitment

Network Recruitment

Network Recruitment is a leading specialist recruitment company in the fields of IT, Finance and Engineering.

Since our establishment in 1987, we have been at the forefront of the specialist recruitment industry. Network Recruitment’s key to success is the focus on delivering superior quality service by developing and maintaining an exclusive focus on sourcing high-calibre skills for medium-sized to JSE-listed companies operating in these three niche sectors across South Africa.

Our experience in permanent and contract-based recruitment enables us to provide you with recruitment solutions that meet your long- and short-term needs.

Network Recruitment is a division of ADvTECH Resourcing, the recruitment arm of the national JSE-listed ADvTECH Limited Group a leader in quality education, training, skills development and placement services.